10908 S Figueroa St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90061
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,815 sqft
Price per Sqft $284
MLS Listing ID 25545097
Bedrooms 4
Year Built 1926
Lot Size 5,125 Sqft
Acres 0.1177
Property Sub-Type Multi-Family
Property Description
We are proud to present 10908 S Figueroa St, a 5-unit mixed-use property located in Los Angeles, operating at a 6.42% CAP and an 8.22 GRM on current rents, with potential upside to an 8.90% CAP and a 6.74 GRM on pro-forma rents. The property consists of three separate buildings constructed in 1926 with a unit mix of 1 two-bedroom units, 2 one-bedroom units, 1 studio and 1 commercial unit. Four out of five units have been renovated. There are also five uncovered parking spaces in the rear accessible by alley. This opportunity is located in close proximity to the 110 and 105 freeways, as well as a number of community establishments such as Balbuena's Mexican, Superior Grocers, Taco Vaquero, Playa Dorada and Surprise Market.
Location
State CA
County Los Angeles
Area Metropolitan Southwest
Zoning LAC2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Other
Exterior
Parking Features Other
Garage Spaces 5.0
Building
Lot Description Single Lot
Story 1
Level or Stories One
Others
Special Listing Condition Standard